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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 159568 times)
QuintLeo
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June 05, 2017, 10:01:04 AM
 #401


 The x11 FPGA were kept secret, but the hashrate showed they must have existed since it was unprofitable for long periods of time to mine DASH but it had massive amounts of hash power.


 Keep in mind that a lot of major farms pay less than 3c/kwh for electric - back in the Darkcoin days even with 8c I was break-even at WORST (but summer rate at 14 convinced me to move to something else, and I never looked back).

 No need for hypothetical FPGA-based X11 miners to explain why it got unprofitable for many small miners.




 I doubt that ETH going to PoS will affect it's price as such - it WILL kill the ability of miners to mine it once it goes 100% PoS, but miner profitability does NOT drive price - price drives profitability.


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June 05, 2017, 02:51:07 PM
 #402

Still no response regarding withdrawal of deposited coins, BTC/ETH. I think that they can not support miners well after ICO even if this is not a scam. Poor support.
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June 05, 2017, 04:14:16 PM
 #403

Still no response regarding withdrawal of deposited coins, BTC/ETH. I think that they can not support miners well after ICO even if this is not a scam. Poor support.
Still no response too:(
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June 05, 2017, 04:20:44 PM
 #404

do you provide only electricity and facility area? or do you also provide mining equipment if we pay for it? i really wonder this question.
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June 05, 2017, 04:50:37 PM
 #405

Really interesting, must add a referral link to my Minera project

https://cryptonomos.com/?r=T0UpKufPvJ5Ob1sT6MA8irsS
I remember using Minera, best mining dashboard ever! Wish it could be adapted to use on GPU rigs, miss using Minera with my old Gridseeds even if they never turned a profit. I'll use your link just as another donation for some really solid software!

Hey thank you man! Unfortunately Minera still lacks on GPU support, many are asking for that and may be I will find the time to do something, can I ask you what miner software do you use to manage yours?
lately i've been lazy using nicehash. They should hire you to do UX upgrades, they do pay bounties. If they were able to get Minera level user experience they would totally dominate. Even if you could make more mining somewhere else you wouldn't want to leave the Minera interface so you'd stay on Nicehash  Grin
I'm using Nvidia GPU also so there aren't many software to manage farms, although I read PiMP added nvidia support. I just use ccminer and bat files. You really did an amazing job with the entire layout and design of Minera, if Nicehash or anyone else wanted to upgrade their design they'd be crazy not to hire you.

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June 05, 2017, 05:04:42 PM
 #406


 The x11 FPGA were kept secret, but the hashrate showed they must have existed since it was unprofitable for long periods of time to mine DASH but it had massive amounts of hash power.


 Keep in mind that a lot of major farms pay less than 3c/kwh for electric - back in the Darkcoin days even with 8c I was break-even at WORST (but summer rate at 14 convinced me to move to something else, and I never looked back).

 No need for hypothetical FPGA-based X11 miners to explain why it got unprofitable for many small miners.




 I doubt that ETH going to PoS will affect it's price as such - it WILL kill the ability of miners to mine it once it goes 100% PoS, but miner profitability does NOT drive price - price drives profitability.


No there were definitely x11 miners, there were single nicehash addresses with 30+ GH mining which in GPU days was pretty massive. the reason it was unprofitable was because of the difficulty not so much the coin price. The hashrate kept growing despite the price not growing and other coins being more profitable. it was a bear market for all coins but people would rotate to whatever was turning a profit, yet the hashpower being thrown at x11 always went up even if the coin price dropped. FPGA aren't hard, they sell kits for them. I'm not smart enough to do it but it's not rocket science. Anyway nobody was publicly selling them except for the scam cloud mining guy so no hard proof but there were people on bitcointalk claiming to have seen x11 fpga farms in China.
Only two other coins have ASIC, Bitcoin and Litecoin and both of them had FPGA before ASIC so it would actually be odd if X11 didn't have FPGA. The kits are cheap and design is easier than ASIC. It would be pretty odd if nobody did FPGA before jumping to ASIC.
One reason FPGA aren't sold publicly is they are easy to copy, so all the work put into design if somebody got their hands on it they could buy a kit and reproduce it easily. I'm not an FPGA expert, just a forum lurker but from what I read there are FPGA that can protect from copying but they are expensive. Those with the skills to program the FPGA make more mining for themselves building up a farm rather than selling a couple and having their deisgn copied and then they have to compete with others, so it makes economic sense to keep FPGA secret.
Decred algo was a good algo for FPGA, if the devs were smart they designed some FPGA before releasing the coin so they could mine super efficient. ANd actually I remember Vanilla coin or something similiar to that the dev actually did build FPGA and had videos of it. I wasn't into that coin so not sure if he sold or shared his design or what but I remember seeing it and it wasn't so fast it made GPU unprofitable but it was super efficient using very little power compared to GPU.
Anyway they are more common than most think, and if a coin made it all the way to ASIC I'd be willing to bet it had an FPGA along the line.

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June 05, 2017, 05:08:27 PM
 #407

A new update on the Toke Sale page:

https://cryptonomos.com/wtt/



I was looking for a refund to buy a l3 miner and split the amount with wtt. Would have been a great idea, even now, to make the option of buying equipment with wtt. In my case I'd like to profit from the availability of the equipment right away and the bonus of wtt. if I would ship to my country, the effort would be greater and the wait about the same I think.
Reading the whitepaper it says if you don't have enough tokens you pay the retail rate for whatever power you are using over the token amount. So I would think if you setup an l3 now at regular prices once the tokens are released your hosting fees would be lowered to the token level. And you can send them or have your miner shipped to them you don't have to buy it from them. I'd contact them to make sure you can apply your tokens to your hosting plan once they are released but my guess is it should work.

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June 05, 2017, 06:30:03 PM
 #408

do you provide only electricity and facility area? or do you also provide mining equipment if we pay for it? i really wonder this question.

do you even read the first post? yes they do provide that.
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June 05, 2017, 07:00:30 PM
 #409

How many people are buying in and why would you say this is the best hosting option? I do not like hosting these pandas at home

Check out my Crypto YouTube channel
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If you enjoy my content click Subscribe
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June 05, 2017, 07:44:18 PM
 #410

I opted in and bought tokens, just to discover that nearly all the miners are out of stock and the one left will only be delivered in 3.5 months...

Is there any ETA on the future availability of the S9, T9 and Panda miners?
Alternatively, will you accept refunds for L3+ purchases for the months left till the delivery date? It is difficult enough to estimate ROI as it is, but when you add 3.5 months waiting time in which mining difficulty can rise and coin value fluctuate, it makes things worse.
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June 05, 2017, 08:35:41 PM
 #411


I opted in and bought tokens, just to discover that nearly all the miners are out of stock and the one left will only be delivered in 3.5 months...

Is there any ETA on the future availability of the S9, T9 and Panda miners?
Alternatively, will you accept refunds for L3+ purchases for the months left till the delivery date? It is difficult enough to estimate ROI as it is, but when you add 3.5 months waiting time in which mining difficulty can rise and coin value fluctuate, it makes things worse.

You can still rent out your tokens for daily profit once your coins are released to you. Or later if they get released and accepted at exchanges sell your tokens if you wanted to.

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Liquid71
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June 05, 2017, 08:42:05 PM
 #412

I opted in and bought tokens, just to discover that nearly all the miners are out of stock and the one left will only be delivered in 3.5 months...

Is there any ETA on the future availability of the S9, T9 and Panda miners?
Alternatively, will you accept refunds for L3+ purchases for the months left till the delivery date? It is difficult enough to estimate ROI as it is, but when you add 3.5 months waiting time in which mining difficulty can rise and coin value fluctuate, it makes things worse.
You can ship them your miners, look on the giga watt website. You have to contact them. Also good luck finding miners available anywhere else...

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June 05, 2017, 08:43:45 PM
 #413


I opted in and bought tokens, just to discover that nearly all the miners are out of stock and the one left will only be delivered in 3.5 months...

Is there any ETA on the future availability of the S9, T9 and Panda miners?
Alternatively, will you accept refunds for L3+ purchases for the months left till the delivery date? It is difficult enough to estimate ROI as it is, but when you add 3.5 months waiting time in which mining difficulty can rise and coin value fluctuate, it makes things worse.

You can still rent out your tokens for daily profit once your coins are released to you. Or later if they get released and accepted at exchanges sell your tokens if you wanted to.
The tokens will be on exchanges for sure, the question is which ones. I would guess Bittrex to start with since they list currencies easily.
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June 05, 2017, 09:07:35 PM
 #414



I opted in and bought tokens, just to discover that nearly all the miners are out of stock and the one left will only be delivered in 3.5 months...

Is there any ETA on the future availability of the S9, T9 and Panda miners?
Alternatively, will you accept refunds for L3+ purchases for the months left till the delivery date? It is difficult enough to estimate ROI as it is, but when you add 3.5 months waiting time in which mining difficulty can rise and coin value fluctuate, it makes things worse.

You can still rent out your tokens for daily profit once your coins are released to you. Or later if they get released and accepted at exchanges sell your tokens if you wanted to.
The tokens will be on exchanges for sure, the question is which ones. I would guess Bittrex to start with since they list currencies easily.

You're 100% correct in my opinion.

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cryptonomos
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June 06, 2017, 01:36:49 AM
 #415

I opted in and bought tokens, just to discover that nearly all the miners are out of stock and the one left will only be delivered in 3.5 months...

Is there any ETA on the future availability of the S9, T9 and Panda miners?
Alternatively, will you accept refunds for L3+ purchases for the months left till the delivery date? It is difficult enough to estimate ROI as it is, but when you add 3.5 months waiting time in which mining difficulty can rise and coin value fluctuate, it makes things worse.

Giga Watt team keeps in touch with offical miner providers, so as soon as they get an answer, Giga Watt updates next delivery date on miners
Still no response regarding withdrawal of deposited coins, BTC/ETH. I think that they can not support miners well after ICO even if this is not a scam. Poor support.

Still no response regarding withdrawal of deposited coins, BTC/ETH. I think that they can not support miners well after ICO even if this is not a scam. Poor support.
Still no response too:(


Sorry have been super busy with lots of traffic from everywhere Sad Withdrawal is available by request to support@cryptonomos.com at the moment.


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June 06, 2017, 01:42:54 AM
 #416

Guys,

We sincerely apologize for not answering your questions for a few days, we got extremely overwhelmed with ICO tasks! Please join us on active conversations in Slack, Telegram and Whatsapp channels:

Slack: http://slack.cryptonomos.com
Telegram: https://t.me/wtt_token
Whatsapp: https://chat.whatsapp.com/2fB8dw55u2eGxPFgx0N5Ez

We will also try to answer all of the questions we missed during these days. You can also PM us on this account.

Our apologies,
Cryptonomos Team

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June 06, 2017, 01:47:42 AM
 #417

Nothing happened today too. And finally any official staffs did not appear here today. Still smells scam.

Says the guy who has -2 Trust on this forum  Roll Eyes

So what? I reported scamming regarding Genesis-Mining before, with which you can never reach ROI. Their staffs, the scammers of cloud-mining, gave me the thumbs down. Again so what? These two issues are completely unrelated. For me, it's too strange that a lot of newbies gave positive comments here. And of course, this Giga Watt staffs also did not refund us deposited BTC/ETH at all.

Sorry for absence! For refunds, contact support@cryptonomos.com

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June 06, 2017, 01:49:08 AM
 #418

Nothing happened today too. And finally any official staffs did not appear here today. Still smells scam.

Says the guy who has -2 Trust on this forum  Roll Eyes

So what? I reported scamming regarding Genesis-Mining before, with which you can never reach ROI. Their staffs, the scammers of cloud-mining, gave me the thumbs down. Again so what? These two issues are completely unrelated. For me, it's too strange that a lot of newbies gave positive comments here. And of course, this Giga Watt staffs also did not refund us deposited BTC/ETH at all.

Have you considered it's the weekend and these peeps could be working 5 days a week? I keep in touch with them on Facebook, they are kind enough and answer most of my questions when they have time. Right now they are probably concentrating on the token sale so their answers could be somewhat delayed.

Thank you. We actually didn't take a single day off yet, just got completely wrecked with the amount of traffic Sad

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June 06, 2017, 01:50:41 AM
 #419

Nothing happened today too. And finally any official staffs did not appear here today. Still smells scam.

Says the guy who has -2 Trust on this forum  Roll Eyes

So what? I reported scamming regarding Genesis-Mining before, with which you can never reach ROI. Their staffs, the scammers of cloud-mining, gave me the thumbs down. Again so what? These two issues are completely unrelated. For me, it's too strange that a lot of newbies gave positive comments here. And of course, this Giga Watt staffs also did not refund us deposited BTC/ETH at all.

Sorry for absence! For refunds, contact support@cryptonomos.com
Thank you. this is trust. devs seems like good people




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June 06, 2017, 01:52:56 AM
 #420

This seems like a good project, however I have a question, is the mining calculator on your site legit or do we need to take into account other costs?
For example it says if I buy 20,000$ of mining equipment, I would be getting 123,000$ of yearly earnings? In two months I would be paying my initial investment? Is it this easy to make money or am I missing something? I am buying some tokens for investing but the mining returns seem to good to be true or is it normal with the ASIC chips?

Because if that's the case then I would get a loan or something to buy as many miners as possible....

You are correct, the mining rewards do sound crazy, yet they are true. Some miners it takes 2-3 months and you are back at where you started. For general knowledge, please keep in mind, that without WTT tokens you might have hard time allocating those miners in Giga Watt facilities - tokenholders are prioritized.

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